Get the latest tech news
Apple Announces $500 Million Commitment to Buying American Magnets
Apple today announced a $500 million multi-year commitment to buying American-made rare earth magnets developed by MP Materials, at a...
Apple today announced a $500 million multi-year commitment to buying American-made rare earth magnets developed by MP Materials, at a state-of-the-art factory in Fort Worth, Texas. Today, nearly all magnets across Apple devices are made with 100% recycled rare earth elements, including in the Taptic Engine in the iPhone 11 and newer. Last week, it emerged that Chinese display manufacturer BOE was aggressively ramping up its OLED production capacity for future iPhone models as part of a plan to recapture a major role in Apple's supply chain.
Or read this on Mac Rumors
